25 Jan 2007
WESON INVESTMENT LTD v. THE COMMISSIONER OF INLAND REVENUE
- Citation
- WESON INVESTMENT LTD v. THE COMMISSIONER OF INLAND REVENUE
- Court
- Court of Appeal
- Case number
- CACV261/2005
The Court held that section 79(1) of the Inland Revenue Ordinance, read with section 71, provides the statutory and exclusive remedy for repayment of tax paid and does not entitle the taxpayer to additional interest outside the statutory TRC scheme; Article 105 of the Basic Law does not apply to genuine taxation measures governed by Article 108, therefore the unjust enrichment/interest claim failed and the appeal was dismissed.